Thyssenkrupp to supply low-CO2 steel to BMW Group
German steel manufacturer Thyssenkrupp Steel will supply recycled bluemint green steel to the BMW Group for the production of individual car body parts, the manufacturer announced on February 23.
Deliveries will begin this year and will be used to manufacture the exterior panels and battery housing of the BMW iX3 series. The company does not disclose the exact volume of supplies.
Thyssenkrupp stated that this material has a high proportion of recycled raw materials and achieves a reduction in CO2 emissions, confirmed by TÜV Süd, compared to conventional steel. Bluemint recycled is a mass‑balanced recyclable product.
When processing Bluemint, CO2 emissions are 0.75 tons per 1 ton of hot rolled roll, which reduces emissions by 1.35 tons.
To learn more about Thyssenkrupp and other steel decarburization initiatives around the world, check out the Global Overview of Green Steel.
The company stated that bluemint steel meets the standards required by the automotive industry. European automakers were the most active end users of environmentally friendly steel. They also agree to higher surcharges for "pure" steel, as the additional costs of flat-rolled products are more easily distributed among the total costs.
However, in the automotive industry, quality standards are higher than those of spot buyers. And market sources expressed concern that replacing equipment at steel mills needed for decarbonization or purchasing new projects could make it more difficult for automakers to sell steel.
European market participants report margins on "green" steel in the range of 70 to 100 euros per ton for a workable "green" hot-rolled roll (HRC), while buyers increasingly prefer steel made in electric arc furnaces (EDP) rather than blast furnace steel with a balanced the mass. -furnace material, especially in the imported market.
Author: Maria Thanatar
Opisnet.com